Data Management Insight Blogs The latest content from across the platform
Fininfo Distribution Deal Extends ICB Into Europe
French information provider Fininfo is distributing the Industry Classification Benchmark (ICB) database via its Finalim back office datafeed and FinWin front-office data terminal products. The deal will expand the reach of the ICB classification system, launched in January of this year by Dow Jones Indexes and FTSE Group, into Fininfo’s European client base.
Xcitek Hires Jones for Product Management Group; Gyngell in Europe
Larry W. Jones has joined corporate actions firm Xcitek as senior vice president of its product management group, responsible for managing the product roadmap. Although not from a corporate actions background, Jones spent 18 years at HP/Compaq Computer Corp. within its global services division, as well as Integrated Medical Systems International and Adea Solutions. He…
Banque de Luxembourg Automates CAs with Vermeg
Vermeg has signed up a third client in Luxembourg for its Megacor corporate actions service. Banque de Luxembourg chose Megacor to fully automate its corporate actions processing to enable STP, after reviewing five other providers. The live data is scheduled for completion in September.
Should the Registrars Become a Data Vendor? By Gary Wright MSI, CityCompass Research
The problem with data in the securities industry today is there is too much of it coming from too many different sources and in too many different forms. The cost therefore of gaining the data you want and need, has never been greater and this is in the 21st Century with the world of the…
Progress with MiFID as First Working Group Held
The MiFID – Markets in Financial Instruments Directive – Joint Working Group efforts (Reference Data Review, April 2005) were kicked off earlier this month with the first meeting being held in London, and tasks being assigned to participants. The forward-looking objectives of the group, according to the group’s chairman Chris Pickles, are four-fold. They are,…
Markit Establishes Tokyo Office, Led by Mizutani
Markit Group has hired Katsumi Mizutani to head the company’s new Tokyo office and manage business development in Japan. He joins from TD Securities, where he was managing director and head of credit derivative structuring and customised solutions in Tokyo. Prior to that, he was at Deutsche Bank in the capital markets team. Also joining…
Client Deal Triggers Reuters Partnership with GoldenSource
Triggered by a client project at a major U.S. investment bank, Reuters has entered into partnership with GoldenSource to make its DataScope reference and historical data services available via GoldenSource’s enterprise data management platform. The initial implementation will offer access to Reuters’ equities, fixed income, static and price data as well as RIC code identifiers….
Avaloq, AIM Partner with Comit for VDF Integration Project…
Banking systems provider Avaloq and reference data and risk management software firm AIM Software are developing an interface between their respective products. The deal will enable Avaloq to support multiple data feeds into its core banking system using AIM’s Gain DataDesktop. AIM has also enlisted the help of European IT provider Comit to integrate into…
Banc of America Securities Endorses Outsourcing With SunGard Reference Data Management Deal
Banc of America Securities is putting its money where its mouth is by signing up as the first client for SunGard’s Managed Data Service, and effectively endorsing the outsourcing model for reference data management. BAS had previously indicated its support for outsourcing services by becoming a charter member of SunGard’s data management advisory panel (Reference…
… While AIM Expands Data Partners with Reuters Deal
AIM Software has also entered a deal with Reuters to provide access to Reuters’ DataScope service within its Gain DataDesktop platform. The company has also introduced a new Gain Light Reuters as a basic version for the processing of Reuters’ data.